United Capital reports N11.33bn turnover, PAT rises by 72.23% in Q3 2021

United Capital Plc on Friday published its third quarter report for the period ended 30 September 2021.

The report shows significant growth in the company’s top line and bottom line figures.

Gross Earnings of N11.329 billion was reported for the nine months period, up by 60.26% from N7.069 billion reported the previous year.

Profit after tax grew by 72.23% to N5.965 billion from N3.464 billion reported the previous year.

Earnings per share (EPS) of the company for the period under review stands at N0.99, up by 72.23% from the EPS of N0.58 achieved the previous year.

At the share price of N9.45, the P.E ratio of United Capital stands at 9.51x with earnings yield of 10.52%.

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